No 40



RasGas To Supply Nine LNG Cargoes To Kogas

RasGas announced on 30 September that it had signed an agreement with the Korea Gas Corporation (Kogas) to supply the latter with nine LNG cargoes between October this year and March 2004. This is the sixth spot sales agreement between the two firms (MEES, 18 August). The LNG supplies have helped Kogas meet seasonal peak demand during the winter. The spot sales to Kogas are in addition to a long-term supply contract...